Why Is Andrew Carnegie A Significant Person In History
Andrew Carnegie was a significant person in history because he was a wealthy businessman living the American dream, a dream everyone hoped to experience but never did. Coming from humble beginnings, Carnegie came from Scotland to America as a poor immigrant working from job to job before becoming a secretary on the Pennsylvania railroad. He was a diligent worker and was paid in forms of stock which Carnegie eventually sold, allowing him to begin the Carnegie Steel company. By 1900, Carnegie had around 20,000 employees producing more steel than England because he constantly found cheaper production methods for making steel. However, unlike the other monopoly holders, Carnegie donated nearly $350,000 out of the $400,000 to charitable organizations
Andrew Carnegie Dbq
463 Words | 2 PagesHe was also one the wealthiest men of his time and helped transform the steel industry. Andrew Carnegie could be considered to be a hero in many ways. He helped create jobs, transformed the steel industry and also helped other industries, and was an influential philanthropist. Many of the people at the time were poor and living in poverty. There weren't many jobs; and the one that they did have didn't pay enough to sustain a family.
What Extent Was Andrew Carnegie A Robber Baron Or A Captain Of Industry
455 Words | 2 PagesAndrew Carnegie was a Scottish industrialist who led the expansion of the steel industry back in the 19th century and is known as one of the richest men. One reason that Andrew Carnegie
How Did Andrew Carnegie Enhanced The United States?
219 Words | 1 Pages“I began to stop accumulating and begin the infinitely more serious and difficult task of wise distribution,” as said by Andrew Carnegie. The industrialist and hard-working Andrew Carnegie was a very successful businessman and philanthropist. Andrew Carnegie provided the United States economy to rise due to his steel production in the 1800’s and 1900’s. Although some may think Carnegie was a brutal businessman, Andrew Carnegie enhanced the United States due to his business investments, his philanthropy, and his educational institutions. One way Andrew Carnegie enhanced The United States is his business investments.
Andrew Carnegie Robber Barons Essay
676 Words | 3 PagesAndrew Carnegie: Road to Wealth and Success Seen as a robber baron, Andrew Carnegie may have toll advantage of his loyal employees and his relentless competition, his personal intentions and innovations within the steel industry and his philanthropic distribution undeniably changed America’s society and views of education. In the early nineteenth century, American industrialist were gathering good ideas through Carnegie’s innovations and initiative. When Carnegie started out onto the road to success and wealth, from rags to riches and earned his big reputation that he brought among himself. For the successful people who misused their employees and competition were inevitably labeled as “robber barons,” i.e. John D. Rockefeller.
How Did Andrew Carnegie Contribute To Society
276 Words | 2 PagesAndrew Carnegie gave a large amount of his money to people all around the world, so he was more on the side of ¨earn and give.¨ He was charitable to the community, contributed to society, and built libraries around the world. Andrew Carnegie was very charitable to the community. For instance, he gave 360 million dollars to charities all around the world. Carnegie helped peopleś education by building universities accessible to all people during the ¨Great Depression.¨ During the late 1800s many people got sick and were injured, so Carnegie built a system of hospitals.
How Did Andrew Carnegie's View Of Wealth
217 Words | 1 PagesAndrew Carnegie created the worlds largest and most profitable steel company making him one of the wealthiest men in the world. Carnegie believed that certain people had the ability do certain things and you must overcome obstacles to do the impossible. Meaning if you have the money and means you are more fit than others. He justified his wealth as benefiting society and promoting civilization.
What Is Andrew Carnegie's Ability To Industrialize
139 Words | 1 PagesAndrew Carnegies decisions with his company, US Steel, helped him become one of the mos famous industrialists of his day. Andrew Carnegie had the ability to foresee how things could industrialize, which he used to his advantage to invest enormously in things that he saw with great potential. Carnegie also pushed for rights to help laborers unionize to help protect his laborers and to establish loyal workers that would help him succeed. Andrew Carnegie dedicated his time to the steel industry, starting a business from scratch helping him become a dominant force in the steel industry. Andrew Carnegies ability to foresee how things could be industrialized, his willingness to push for labor unions to protect his worker, and his dedication to
Andrew Carnegie: Captain Of The Metal Industry
494 Words | 2 PagesAndrew Carnegie By some means, Andrew Carnegie journeyed from being penniless to becoming one of the most wealthiest man to exist (McGuire). By getting himself into the metal industry, Andrew Carnegie became a captain of industry who helped to make America strong. In the first place, The metal industry’s most popular iron and and steal, promised Carnegie a future brimful of wealth and success (Kohn).
Andrew Carnegie Dbq Essay
907 Words | 4 PagesCarnegie was without a doubt a beneficent man. Not having any desire to kick the bucket with a crazy measure of cash, Carnegie chose to help general society. He was exceptionally contributing individual from society and gave away as much cash conceivable. " There stays, then, just a single method of utilizing incredible fortunes; … The obligation of the man of riches (is to) set a case of unobtrusive … living … ; and … to consider every surplus income … as trust assets … to create the most useful consequences of the group - the man of riches in this way turning into the … operator for his poorer brethren, conveying to their administration his prevalent astuteness, experience, and capacity to direct; showing improvement over they would or could accomplish for themselves… " (Document 8) says Carnegie.
Andrew Carnegie A Hero Essay
1638 Words | 7 PagesAndrew Carnegie sold his steel company to the United States Steel Corporation in 1901 (Biography.com Editors, 2014). Carnegie donated five million dollars to the New York Public Library, established the Carnegie Institute of Technology, created the Carnegie Foundation for the Advancement of Teaching, formed the Carnegie Endowment for International Peace, and bolstered the opening of over 2,800 libraries (Biography.com Editors, 2014). Andrew Carnegie made a huge impact due to his philanthropic work. The donations and support of Andrew Carnegie were the cause of many important contributions to society. Andrew Carnegie made a dramatic change in his life when he decided to sell his company.
Analysis Of Andrew Carnegie's The Gospel Of Wealth
835 Words | 4 PagesThe late nineteenth century was a pivotal moment in American history. During this time, the Industrial Revolution transformed the nation, railroads had dissipated all throughout the country, and economic classes began to form, separating the wealthy from the poor. One of the wealthiest men of this generation was Andrew Carnegie, a Scottish immigrant who fled to America to make millions off the railroad, oil and even steel businesses. Carnegie is considered one of the richest men in history, and even with all that wealth he decided to give back to the community. As a matter of fact, Carnegie donated most of his funds to charities, universities and libraries in his last few years.
What Is Andrew Carnegie Ethical Or Unethical
338 Words | 2 PagesAndrew Carnegie was one of the most famous and wealthiest American industrialist during the Industrial Age. He was a robber baron who made a fortune in the steel industry and applied vertical integration to his business. Carnegie contradicted his views as a robber baron because he supported, but destroyed many unions. This made many of his views unethical.
Who Was Andrew Carnegie An Entrepreneur
677 Words | 3 PagesAndrew Carnegie, born 1835, was an industrialist and philanthropist who soon became an influential entrepreneur. In 1848, he and his family immigrated to the United States from Scotland with little to no money in their pockets. They settled in Pennsylvania where he later worked as a secretary and telegraph operator at the Pennsylvania Railroad Company. From there, Carnegie slowly moved his way up the social ladder and became superintendent of the Pittsburgh Division of Pennsylvania Railroad. Andrew Carnegie is an entrepreneur because he saw an opportunity to create and run a business, despite the risk and responsibility he would have to assume.
How Did Andrew Carnegie Use Vertical Integration
272 Words | 2 PagesYou might be wondering how someone of Carnegie’s background became so successful; it was not, opposite to what some might believe, because he worked rightfully. As a starting note, Andrew Carnegie attempted to control as much of the steel industry as possible by using “vertical integration”, a method that resulted in him buying out his suppliers (coal fields, iron mines, ore freighters, and rail lines) in order to control materials and transportation. This later meant that his cost of production would decrease exponentially and he would be able to produce a greater quantity of steel for a much lower price as he now owned all the necessary equipment to make high-quality steel.
Andrew Carnegie Research Papers
677 Words | 3 PagesAndrew Carnegie Once, there was a man to have the largest personal fortune in the world. He helped improve mankind by donating millions of his fortune to charity. This mastermind was named Andrew Carnegie, an industrial monopolizer who used steel to gain his massive fortune. Andrew Carnegie was born November 25, 1835 in Dunfermline, Scotland.
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